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TMI Blog1979 (8) TMI 104X X X X Extracts X X X X X X X X Extracts X X X X ..... he ITO noticed that yield of 'Chana Dal' and 'Arhar Dal" was lower as compared to the yield in the earlier years. He also estimated possible leakage in the trading account and made lumpsum addition of Rs. 6,000 2. Learned AAC reduced this addition to Rs. 2,000 holding that the yield of 'Chana Dal' was proper. However, in 'Arhar Dal' account he observed that the yield was not satisfactory. He thu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar relating to asst. yr. 1971-72 there was old stock of 'Arhar' weighting 31 quintals only. In the previous year relating to asst. yr. 1972-73 there was no closing stock and only newly purchased 'Arhar' was milled which showed an yield of 72 per cent. Thus according to him, the newly purchased 'Arhar' showed better yield, while the yield was lower when the old stock had to be milled in any particu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly advanced an alternative argument for reducing the quantum of addition. On facts, we are satisfied about the reasons for a lower yield in the assessment year under appeal and we do not see any justification for an addition of Rs. 2,000 as sustained by the learned AAC. The addition is deleted. 7. Next ground relates to addition of Rs. 3,000 confirmed by the learned AAC on account of messing exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... withdrawals from their account in the firm. He, therefore, made an addition of Rs. 2,000 in respect of each of the five partners, the total addition being Rs. 10,000 9. Learned AAC reduced this addition to Rs. 6,500 on the ground that the household expenses estimated by the ITO in respect of the partners were on the higher side. 10. We are clear that this addition was wholly mis-conceived. Whe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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